Posted in May 2009

panch-tattva/post result…tatapower,sail,lt

TATAPOWER @1102 (280509) gets 949 panch-tattva points and don’t buy this at current price, buy later after some correction for long term. SAIL @164 (280509) gets 1105 panch-tattva points and you should buy half of your intended quantity right now and buy rest on days of fall in prices. LT @1345 (280509) gets 901 panch-tattva … Continue reading

panch-tattva talk…India second

Friends, India is now the second biggest CDMA market with over 100 million connections. The first is USA with 157 million subscribers. Reliance Comm. and Tata Tele are now amongst the top five CDMA operators. Inflation at 0.61 pc has remained under 1 pc for the eleventh straight week. The Nifty closed the May series … Continue reading

panch-tattva talk,,,bond yield high

Friends, The 10 year bond yield has reached six month high @6.53. The govt may borrow more than planned Rs 36 K crs in June 09. This may soak up liquidity and put some break on all activities and also stock markets. The US housing starts were lower by 12.8 pc m/m in April 09, … Continue reading

panch-tattva talk…markets uneasy

Friends, It has been over a week since the trading saw suspension for the day after indices hit upper circuit, thrice in a day. Since March 9, 2009, the FII pumped in Rs 24779 crs till 21st May ’09. This saw sensex rise by 70.02 pc. This kind of upmove calls for some rethinking and … Continue reading

panch-tattva talk…PM and team sworn in

Friends, The new govt under leadership of Manmohan Singh gets formed. There are some new faces but old stalwarts remain. The imperatives with PM has forced him to not experiment. The PC remains home minister but Ministry of External Affairs has come under S M Krishna who may deliver or may not. The Finance Ministry … Continue reading